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inequality indices building on results provided by Ibragimov and Müller (Journal of Business & Economic Statistics, 2010), and … they and Midões and de Crombrugghe (Journal of Economic Inequality, 2023) evaluate its performance. We highlight a feature … inference for inequality indices. …
Persistent link: https://www.econbiz.de/10015415298
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …
Persistent link: https://www.econbiz.de/10014338520
incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …
Persistent link: https://www.econbiz.de/10009308021
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument - the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10011955505
Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income … how it affects estimates of overall income inequality. More generally, we assess whether the SPI adjustment is fit for …
Persistent link: https://www.econbiz.de/10011703644
types of inequality/discrimination, e.g. based on gender, race or sexual orientation. An inquiry into the mechanisms of the …
Persistent link: https://www.econbiz.de/10011631491
Understanding the economic and social effects of the recent global trends of rising market concentration and market power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the Welfare and Competition tool (WELCOM), to estimate with...
Persistent link: https://www.econbiz.de/10012418634
Since the late twentieth century there has been a growing interest in academic and political circles on inequality. In … research about Inequality since the 1950s; (ii) the development of a new method of analysis that combines (ii-a) a quantitative …
Persistent link: https://www.econbiz.de/10012649090
We apply the Kakwani approach to decomposing redistributive effect into average rate, progressivity, and reranking components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In addition, we highlight an empirical implementation issue...
Persistent link: https://www.econbiz.de/10012697297
measures of location, inequality and poverty risk can be readily computed. They can also efficiently process grouped income …
Persistent link: https://www.econbiz.de/10015330241